By Andi Anderson
Iowa’s farmland market remains steady, according to the Iowa REALTORS Land Institute’s spring 2026 survey. The results, measured as of March 1, 2026, show a 1.3% increase in statewide farmland values over the past six months.
The modest rise reflects a market supported by strong buyer interest, limited land availability, and cautious optimism among producers.
Survey participants identified commodity prices, the supply of land for sale, and interest rates as the major factors shaping current values.
Every crop reporting district in Iowa recorded value increases, with the Northeast district showing the highest rise at 3.4%. Even with tight budgets in row crop farming, high-quality land in good locations continues to attract motivated buyers.
Producers and investors remain active in the market. Many see farmland as a dependable long-term investment, especially in uncertain economic times.
According to the survey, well‑priced farms continue to sell quickly because demand remains steady. At the same time, tighter financial conditions may limit how aggressively some producers can compete for land.
Pasture values increased by 2.6% in the last six months. Stable cattle prices have supported strong demand for grazing land.
Timber and recreational land values also grew by 2.2%, showing continued interest in outdoor properties and land for recreational use.
Iowa farmland has shown resilience throughout the past year. After a brief decline between March and September 2025, land values have regained strength, posting an overall 0.3% gain across twelve months.
This stability follows the rapid increases seen in 2021 and 2022, suggesting the market has now found a more balanced pace.
The supply of land remains limited. Nearly one‑third of survey respondents reported that the amount of land for sale is similar to last year, while many landowners appear to be holding onto their farms during uncertain times. This low inventory continues to support strong land values.
Looking ahead, 70% of respondents expect farmland prices to rise between 0% and 10% over the next five years. Only a small percentage believe prices may decline. This long‑term outlook shows continued confidence in Iowa farmland as a reliable asset for both farmers and investors.
The survey, conducted by the REALTORS Land Institute – Iowa Chapter, has been tracking farmland trends since 1978. The spring 2026 findings were presented at the ASFMRA/RLI Joint Spring Seminar in Ankeny, Iowa, offering valuable insight into one of the state’s most important economic sectors.
Photo Credit: gettyimages-brzozowska
Categories: Iowa, General